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Barrington Remains a Buy on Outfront Media (OUT)
Barrington analyst Patrick Sholl maintained a Buy rating on Outfront Media today and set a price target of $27.00.
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Sholl covers the Communication Services sector, focusing on stocks such as Warner Bros, Clear Channel Outdoor, and Marcus. According to TipRanks, Sholl has an average return of 5.7% and a 39.17% success rate on recommended stocks.
Currently, the analyst consensus on Outfront Media is a Strong Buy with an average price target of $25.33.
Based on Outfront Media’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $467.5 million and a net profit of $51.3 million. In comparison, last year the company earned a revenue of $451.9 million and had a net profit of $34.6 million
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